MTS Keeps Dividend Steady
Test-systems and position-sensor manufacturer MTS Systemsannounced yesterday its third-quarter dividend of $0.30 per share, the same rate it's paid for the past four quarters.
The board of directors said the quarterly dividend is payable on Oct. 1 to the holders of record at the close of business on Sept. 16. This marks the testing-hardware maker's 127th consecutive quarterly dividend.
The regular dividend payment equates to a $1.20-per-share annual dividend, yielding 1.9% based on the closing price of today of MTS Systems' stock.
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